Finance and Accounting Analyst

Company Overview

eMedic Technologies Inc. is a leading healthcare technology firm, focused on revolutionizing healthcare accessibility. Our mission is to provide a seamless, convenient, and secure platform for users to access healthcare products and services, fostering safe, timely, and affordable access. Through our robust online platform, we partner with accredited pharmacies and healthcare providers to deliver superior quality healthcare products and services. Our model promotes a blend of remote and in-office roles, with a primary hub in Lagos, Africa.

Job Overview

The Financial Analyst Accountant will function as a mid-level role, supporting the C-suite executives, especially the CFO and CEO, with responsibilities straddling both accounting and financial analysis. You will ensure our financial data's accuracy, participate in financial forecasting and budgeting, develop internal controls, and collaborate with cross-functional teams to align financial goals with business objectives.

Responsibilities & Duties:

1. Financial Analysis: Conduct comprehensive financial analysis of operations, including revenue streams, cost of goods sold, inventory management, and fulfillment expenses. Identify trends, key performance indicators, and opportunities for financial improvements.
2. Budgeting and Forecasting: Collaborate with department heads to develop accurate and achievable budgets and financial forecasts. Monitor financial performance against budgets, analyze variances, and work with stakeholders to implement corrective actions as needed.
3. Financial Reporting: Prepare timely and accurate financial reports, such as income statements, balance sheets, and cash flow statements. Present financial insights to senior management to facilitate informed decision-making.
4. Inventory Management: Analyze inventory levels, turnover rates, and pricing strategies to optimize inventory control and ensure appropriate stock levels for various products.
5. Cost Analysis: Evaluate the cost structure of fulfillment, supplies, and other operational expenses. Provide data-driven recommendations to enhance cost efficiency while maintaining the highest quality standards.
6. Financial Modeling: Develop and maintain financial models to support business decisions, assess different growth scenarios, and aid in long-term financial planning.
7. Compliance and Regulation: Ensure adherence to financial regulations and accounting standards specific to the industry. Collaborate with compliance teams to implement and maintain internal controls and best practices.
8. Audit Support: Assist in preparing for internal and external audits by providing accurate financial documentation and explanations. Address any audit findings and implement recommended improvements.
9. Data Management: Oversee the accurate and organized recording of financial transactions in the company's accounting systems. Perform periodic reconciliations to ensure data integrity.
10. Financial Advisory: Provide financial advice and guidance to management on matters such as pricing strategies, investment opportunities, and expansion initiatives.
11. Market Research: Stay informed about industry trends, changes in regulations, and market developments that may impact the company's financial performance.

Qualifications & Skills:

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Proficiency in financial modeling, forecasting techniques, and using financial software and tools specific to the pharmaceutical sector.
• Thorough knowledge of accounting principles and financial compliance relevant to the pharmacy industry.
• Advanced proficiency in spreadsheet software (e.g., Microsoft Excel, Google Sheets) and financial management software.
• Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
• Strong communication and presentation abilities, capable of conveying financial information to both financial and non-financial stakeholders.
• Strong focus on detail and highly organized, with a commitment to accuracy and meeting deadlines in a dynamic environment.
• Proactive and adaptable, with the initiative to contribute to the continuous improvement of financial processes and practices in the pharmacy company.